As of February 13, 2025, Bitcoin is trading at approximately $97,369, reflecting a slight increase of 2.16% from the previous close.

Recently, Bitcoin's price dipped below $95,000 due to higher-than-expected inflation data, which dampened investor optimism for a Federal Reserve rate cut in March. This inflation concern has made assets like Bitcoin less attractive compared to higher-yield investments such as Treasuries.

Additionally, the Trump administration's announcement of imposing 25% tariffs on all steel and aluminum imports has raised concerns about potential inflationary effects, further influencing Bitcoin's price movements. $BTC

In the broader cryptocurrency market, Bitcoin continues to dominate, leading to underperformance in many altcoins, including Ether, Solana, XRP, and Dogecoin. Despite hopes for an "altcoin season" following Bitcoin's record high in January, only 13 of the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin year-to-date. #BitcoinDunyamiz #BTCStateReserves

These developments highlight the sensitivity of Bitcoin and the broader cryptocurrency market to macroeconomic factors and policy decisions.